NRS 104.8116
Securities intermediary as purchaser for value.


A securities intermediary that receives a financial asset and establishes a security entitlement to the financial asset in favor of an entitlement holder is a purchaser for value of the financial asset. A securities intermediary that acquires a security entitlement to a financial asset from another securities intermediary acquires the security entitlement for value if the securities intermediary acquiring the security entitlement establishes a security entitlement to the financial asset in favor of an entitlement holder.
Part 2
Issue and Issuer

Source: Section 104.8116 — Securities intermediary as purchaser for value., https://www.­leg.­state.­nv.­us/NRS/NRS-104.­html#NRS104Sec8116.

Last Updated

Feb. 5, 2021

§ 104.8116’s source at nv​.us